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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: Keystone XL pipeline

Thanks CGY for very insightful post. Your 2 cents is worth at list $10 :)

You said: Keystone will get approved, its just a matter of time.

No one can argue with this.

1 million/d of additional oil sand production expected in next few years has to find available refining capacity in the US (not in China), especially if you look at who is standing in the lobby line.

Namely, Ruling Kings and the bankers (some call them sugar daddies) of the Tea Party movement, David and Charles Koch. They are the largest single donor to members of the House Energy and Commerce Committee.

Koch brothers would be a big winner if XL pipeline was approved. Presently, Koch Industries imports to the US close to 25% of all oil sands crude.

Koch`s Flint Hills Resources Canada, supplies roughly 250,000 barrels of tar sands crude daily to the "heavy oil" refinery Koch owns in Minnesota. Additionally, Flint Hills operates a "crude oil terminal" situated right at the Keystone XL Pipeline starting point in Hardisty, Alberta.

Make no mistake. For better or for worst this is all about big international money machine sponsor by us, average Joe who buys the gas at the pump.

Legitimate concerns like pipeline leaks due to more corrosive Dil-Bit or "safety waivers" apply by Trans Canada are just small glitches, which will be resolved by engineers or by bigger donations to politicians in Canada and US.

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